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Q: Why do OPEC member States have a strong bargaining power?
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Collective bargaining increases the bargaining power of workers how?

The city.


What is a bargaining power?

A bargaining power is the ability to influence the setting of prices or wages, usually from a monopoly position.


What best explains why collective bargaining increases the bargaining power for workers?

Its difficult to replace the entire workforce


What is the motivation to join labor union?

The question is incomplete. No options are given to answer the question.


What is formed by a group to gain bargaining power?

An alliance


What leads to an increase in bargaining power for workers?

Flexibility, knowledge and the willingness to bring change within an organization all lead to an increase in bargaining power for workers.The existence of unions.


Porters five force model of Indian hotel industry?

- threat of new entrants - jockeying for position - bargaining power of suppliers - bargaining power of buyers - threat of substitute products


Did the states want a strong national government after the American Revolution?

The states would have too much power.


What country has the most power?

I believe that right now the United States has the most power because of our strong government, belief in our people, and strong, courageous military.


What strengths did each of the new groups bring to the newly formed country?

The strength that each groups brought to the newly formed country was the bargaining power. With the bargaining power they will be able to get a market for their goods.


Who has the power in collective bargaining?

Neither side particularly. Collective bargaining is more about leveling the playing field than giving all the power to one side. Individual employees are powerless, only the group has any power at all.


What determines the level of competitive intensity in an industry according to Porter?

Threat of new entrants -Rivalry among existing firms -Threat of substitute products or services -Bargaining power of buyers -Bargaining power of suppliers -Relative power of other stakeholders